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New Zealand central bank releases issue paper on digital currency

30.9.2021
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology

Bank of England unveils all-star payments and tech lineup for CBDC Forums

30.9.2021
Executives and experts from Google, Amazon, PayPal and ConsenSys will be assisting Britain’s central bank with its CBDC research

‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...

Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals

29.9.2021
The development marks another sign of the digital hryvnia project picking up steam

Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction

29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...

Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’

29.9.2021
Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said...

Central Bank of Ukraine Seeks to Hire Blockchain Developer

29.9.2021
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad...

Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations

29.9.2021
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency...

SEBA Bank granted the first Swiss digital asset custody license

29.9.2021
The bank will concentrate efforts on building an institutional-grade facility to invest in crypto assets

CBDCs could cut cross border remittance costs by half: BIS report

28.9.2021
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed

Multiple CBDC Platform May Cut Int Payment Costs By Up To Half - BIS

28.9.2021
Hong Kong Monetary Authority, the Bank of Thailand, the Digital Currency Institute of the People's Bank of China, and the Central Bank of the United Arab Emirates.“The prototype is part of our efforts to design

Law Decoded: China FUD and false dichotomies, Sept. 20–27

27.9.2021
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China

Huobi outlines plan for Chinese investors after halting crypto trading

27.9.2021
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021

China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether

26.9.2021
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets....

Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated

26.9.2021
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities...

Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’

26.9.2021
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian paradise. Larry Summers Sees Crypto Benefiting From Strong Regulation Lawrence Summers, who served as...

Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger

25.9.2021
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The test will be using Ripple’s own CBDC private ledger, to support similar use cases. The pilot...